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Flexsys Secures EcoVadis Platinum Rating and Validates Sustainability Goals

Flexsys, a prominent player in the tire additives sector, has recently achieved significant milestones that reinforce its ongoing commitment to sustainability. The company has been honored with a Platinum rating from EcoVadis, ranking it in the top 1% among over 125,000 companies evaluated worldwide. This prestigious recognition reflects Flexsys’ exemplary performance across crucial areas such as environmental management, labor and human rights, ethical practices, and sustainable procurement.

In addition to this achievement, the Science Based Targets initiative (SBTi) has officially validated Flexsys' ambitious targets for reducing greenhouse gas (GHG) emissions. Specifically, the company aims to lower its Scope 1 and 2 emissions by 42% by 2030, using 2022 as the base year. Furthermore, Flexsys is committed to a 25% reduction in Scope 3 emissions in key categories by 2030, relative to a 2023 baseline. This trajectory is geared towards achieving net-zero emissions across all scopes by 2040.

Flexsys’ drive toward sustainability is encapsulated in its commitment to utilizing 100% sustainable materials by 2040, a vital component of minimizing Scope 3 emissions. Neil Smith, the Chief Technology and Sustainability Officer, underscored the company’s goal: "Our focus is on enabling the tire industry's transition to a more sustainable future. We aim not only to cut emissions from our operations and supply chain but also to innovate sustainable materials to reduce the tire industry’s environmental footprint. These recognitions affirm that we are on the right path, and we must continuously strive for improvement."

Flexsys’ sustainability strategy revolves around innovation, operational efficiency, and local sourcing to benefit their customers. The company's efforts range from investing in renewable energy to enhancing operational efficiency at its various global facilities. In tandem, they’re pioneering sustainable additives that not only boost tire performance but also contribute positively to reducing environmental impacts.

The company’s commitment to transparency and accountability is evident in its 2024 Sustainability Report, which showcases its roadmap and progress in sustainability practices. This report details how Flexsys integrates sustainability into the core of its business strategy.

EcoVadis provides business sustainability ratings based on environmental, social, and governance (ESG) performance across more than 200 purchasing categories and 175 countries. Being awarded the Platinum rating signifies that Flexsys is among the most sustainable businesses globally.

On the other hand, the SBTi equips companies with a robust framework to establish ambitious yet achievable GHG emissions reduction targets that align with global efforts to prevent climate change and its adverse effects. By setting these targets, Flexsys is illustrating its commitment to contributing to a more sustainable future.

Founded on decades of expertise in material science, Flexsys specializes in creating high-performance vulcanization and stabilization solutions. Their innovative products include Crystex™ vulcanizing agents, Santoflex™ antidegradants, and Duralink™ HTS post-vulcanization stabilizers, all aimed at enhancing the durability, safety, and sustainability of rubber products.

With a global presence that spans four continents, eight manufacturing facilities, and two technology centers, Flexsys continues to set benchmarks in advancing next-generation material solutions that propel performance and sustainability within the tire industry. For more detailed insights, you can visit their official website at www.flexsys.com.